It is clearly in middle of ascending triangle. If price can break resistance level, it is better to go long.
Hi guys - this is my first TRON idea and it will not be my last. I am a big fan of this project and believe that Justin Sun may actually achieve his 'decentralised internet' idea. TRON is currently sitting in the upper levels of an ascending triangle, of which it is looking to break-out upwards. Since early August TRON has been in the accumulation phase with...
If we see a change of the volume, we may achieve those 2 targets I explained. If Bakkt and ETF have no effect on cryptos, and exchanges keep losing their volume, bearish may continue. I am opening a small long position.
Tron has made a Lower High (0.02362) on the 1D Channel Down (RSI = 43.026, Highs/Lows = -0.0012) and was immediately rejected on a strong bearish candle that crossed the 0.500 Fibonacci retracement level (0.022663). It is necessary now to break through the previous Lower Low (0.020712) in order to keep the bearish momentum on the 1D Channel Down intact. We remain...
TRON / USD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
RR is 5.16 although you can grab TRON between the ENTRY and CURRENT PRICE depending on how long you gonna hold it.
TRX is trying to break out from this range it's been stuck in for weeks but it cannot properly close above the 385 level. We did break and close above it earlier in the month but that was short-lived as we returned back below after just 2 days above. We are currently sitting on top of a demand zone, which has held strong in the past so if we are expecting some...
TRX has kept the 1D Channel Down intact but remains near the Lower High trend line and as a result on slightly neutral terms (RSI = 48.221, MACD = 0.000, Highs/Lows = -0.0002). The Channel requires a break out below the 0.02071 support and a new Lower Low at least near 0.01800. Given the symmetrical Channels on 1D we expect the 1D support to be tested, hence...
TRON BUY ON SUPPORT ASCENDING CHANEL TARGET RESISTANCE ASCENDING CHANEL
Tron nullified the Channel Up with last week's bearish candle on 1D that reached 0.020677, and a new Channel Down is being developed. With 4H neutral (STOCH = 54.331, Williams = -50.897, Highs/Lows = 0.0000) and 1D under High Volatility (ATR = 0.0020) due to the consecutive pattern break-outs, 1W has turned neutral (RSI = 47.011) and for the time being it is best...
The 'partnership' between Baidu and Tron is basically about Tron buying cloud computing resources from Baidu. "The two parties have made no contact at the blockchain business level". According to the ODaily: recently, Baidu Cloud and Tron have reached cooperation in the field of basic cloud business. Tron will build, operate and debug blockchain products based on...
One of the strongest coins on the market is TRON'. Yes, it came down also pretty sharply as they all did but price action wise and technically it looks in very good shape. Some altcoins prints new 2018 low (ETC) some of them approaching the 2018 low levels but not TRON' it has far from the 2018 low point and it has multiple strong support before that level. It...
Hi, everyone! This is local short of TRXUSDT. Follow GREEN line. Target 0.02250-0.02300 G. Luck
TRXUSD ANALYSIS Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
In my last idea, I called for a Tron short. We have just hit target for 6.5% profit. The original Tron short would be in 10%+ profit. I have just made 17% of my entire account. I had short 3 million contracts of Tron at an average entry price of 395, and then I longed Tron during 335 on Bitmex and made another 6%. If I had used 10x leverage, I would have made...
Sunday's bullish price action on TRON broke the 1D Triange to the upside (RSI = 62.102, still on neutral MACD, Highs/Lows, B/BP though) and surpassed the Lower High tolerance of the 1W Channel Down. With 1W though bearish/ neutral (RSI = 47.273, MACD = -0.006, B/BP = -0.0065, Williams = -64.978), we have to wait for the 1D Resistance = 0.02820 to break in order to...
Hello people, As we can see on the chart, TRX had a massive bullish impulse, but again got rejected from the same resistance. We can see the picture more clearly on the daily time chart: Current price is testing 0.382 Fibonacci retracements of the last bullish impulse. This level is also important because it was the last higher high TRON managed to break on a...
Tron continues to show strength and a consistent uptrend since potentially bottoming on Aug 12 - TRX had a strong test of that bottom one month later. Despite the widespread disillusionment surround most crypto projects TRX continues to push forward and infiltrate minds and curiosity. I've been in Crypto since 2013 and It is my strong belief that XRP, OCN (strong...